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Armour Security India Limited IPO

05 Dec 2024
Armour Security India Limited IPO

๐Ÿ“ˆ Knowledge Armour Security India Limited IPO โ€“ Key Details and Insights

The SME segment is buzzing again, and this time itโ€™s with the Knowledge Armour Security India Limited IPO, which has caught the attention of retail investors looking for promising opportunities in the security services sector.


๐Ÿข About the Company

Knowledge Armour Security India Limited is engaged in providing security and manpower services to various sectors like industrial, commercial, and residential. Their services include guarding, housekeeping, and facility management, catering to clients across multiple states in India.


๐Ÿ“… IPO Schedule

EventDate
IPO Open DateMarch 19, 2025
IPO Close DateMarch 21, 2025
Allotment DateMarch 24, 2025
Refunds InitiationMarch 25, 2025
Shares Credit in DematMarch 26, 2025
Listing Date (BSE SME)March 27, 2025

๐Ÿ’ฐ IPO Details

ParticularsDetails
IPO Sizeโ‚น12.00 Crores
Price Bandโ‚น65 per share (Fixed Price)
Lot Size2000 Shares
Total Shares Offered18,46,000 Equity Shares
Minimum Investmentโ‚น1,30,000 (for 1 lot)
Listing ExchangeBSE SME Platform
RegistrarBigshare Services Pvt Ltd

๐Ÿ“Š Financial Performance Snapshot

Financial YearRevenue (โ‚น Lakhs)PAT (โ‚น Lakhs)
FY 2022-233,226.33112.04
FY 2021-222,804.5571.08

The company has shown consistent growth in revenue and profitability, which could be seen as a positive sign for investors evaluating long-term potential.

๐Ÿ“Œ Objectives of the Issue

The net proceeds from the IPO will be utilized for:

  1. Working Capital Requirements
  2. General Corporate Purposes
  3. Issue Expenses

๐Ÿ” Should You Subscribe?

Investors looking at SMEs with consistent financial performance and a growing client base in essential services like security and facility management might find this IPO appealing. However, as with any SME IPO, it comes with inherent risks due to lower liquidity and market volatility post-listing.


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